ABC Method Concept ABC method or System (Activity Based Costing) is an accountancy technique or method, developed by Robert Kaplan and Cooper at Harvard in the mid 80s being applied in analytic accounting with the aim to guarantee a correct attribution of all costs, including the indirect costs to activities that are in its origin. […]

Above The Line Concept Above-The-Line is an accountancy expression that refers to the set of sections of gains and losses that appear over the value of the net result. This terminology was after spread to the publicity domain to designate the share of the marketing budget to be applied in traditional communication sources (like for […]

Presentation of Accenture Accenture is a leading management consultancies in the world. Initially called Andersen Consulting, Accenture was created in 1989 when a group of partners in the consulting division of various group companies Arthur Andersen around the world formed a new organization focused on technology consulting and systems integration. Today Accenture is a global […]

Accounting Liquidity Concept The expression Accounting Liquidity designates the quickness or easiness with which the assets detained by an entity can be converted in payment method. For example, the current assets (products stocks, debts own by customers, etc.) are faster converted into payment methods than the fixed or tangible assets (facilities, equipments, etc.). The bigger […]

The expression Acid Test, also known as quick ratio, is an indicator of liquidity of a very short term that seeks to evaluate the company’s capacity to cope with its short term financial compromises using only their net financial resources, this is, without the need of existences sales or debt receipts from clients and other […]